Question: Hi, I am preparing a marketing plan as a project for Marketing course. I am thinking to add new product to a coffee shop which

Hi, I am preparing a marketing plan as a project for Marketing course.

I am thinking to add new product to a coffee shop which is currently serving drinks and sweet only.

The project is: Add a lunch menu at Starbucks Caf.

The plan consists of one sheet containing the following: (Samples are attached for guidance)

Heading

Description

Comments

1) ENVIRONMENTAL ANALYSIS

  • Brief analyses of environmental conditions
  • Students may choose one of the three analyses SWOT Analyses OR PEST Analyses OR Competitors Analyses

2) MARKETING OBJECTIVE

  • Brief description of the marketing objectives of the marketing plan.
  • Marketing objectives allowed for this assignment are Line Extension OR Brand Extension OR Repositioning
  • Use the challenge as your marketing objective

3) MARKETING STRATEGY

  • Segmentation
  • Clearly write the bases of segmentation (demo, psycho, etc.)
  • Targeting
  • Clearly define the target markets in terms of age, sex, income + (demo, psycho, etc.)
  • Positioning
  • Add perceptual maps to show positioning for the product to launch not company positioning.
  • Perceptual maps with High Quality VS High Price will yield zero points
  1. MARKETING MIX STRATEGIES
  • Product strategies
  • Good answers may include product mix, product mix strategies & product specifications,
  • Price strategies
  • Good answers will include skimming OR penetration strategies + retail price SR
  • Promotion strategies
  • Good answers may include any media linked with the target audience
  • Mentioning alone social media will yield zero points
  • Distribution strategies
  • Good answers might include Exclusive OR Intensive OR Selective distribution channels
  • Add retailers, shops

Hi, I am preparing a marketing plan as a project

Marketing Plan Objective: This plan aims to increase the market penetration of Al Baik Chicken through expanding its distribution channel and adopt sustainable packaging strategy. shdi ALBAIK Artisin a strategy action by performance -researg share responsibilities Mance MARKETING PLAN sales stato promover uits Segmentation Targeting Positioning Age Gender Cheap Premium HIGH QUALITY Demographics Middle-class family Psychographics High craving on Fast food LOW COST 09 Perceptual Map Product Strategy Pricing Strategy High Quality Sustainable Packaging Penetration Pricing DQ HERFO Low Price High Price i Green Marketing Low Quality Promotion Strategy Promotion Tools Place Strategy Exclusive Channel DISTRIBUTION CHANNELS MAGAZINE ADS Social Media Networks Public Relations Word-of-mouth Done by : Aljohara Abanmi & Rawan Al Nuaim Instructed by:Dr. Kamran Ahmed Siddiqui Marketing Management- MRKT631 MBA Course Marketing Plan Objective: This plan aims to increase the market penetration of Al Baik Chicken through expanding its distribution channel and adopt sustainable packaging strategy. shdi ALBAIK Artisin a strategy action by performance -researg share responsibilities Mance MARKETING PLAN sales stato promover uits Segmentation Targeting Positioning Age Gender Cheap Premium HIGH QUALITY Demographics Middle-class family Psychographics High craving on Fast food LOW COST 09 Perceptual Map Product Strategy Pricing Strategy High Quality Sustainable Packaging Penetration Pricing DQ HERFO Low Price High Price i Green Marketing Low Quality Promotion Strategy Promotion Tools Place Strategy Exclusive Channel DISTRIBUTION CHANNELS MAGAZINE ADS Social Media Networks Public Relations Word-of-mouth Done by : Aljohara Abanmi & Rawan Al Nuaim Instructed by:Dr. Kamran Ahmed Siddiqui Marketing Management- MRKT631 MBA Course

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